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FOX Business
Sep 30, 2012 2:30am EDT
parachutes. i mean, these great, great golden pension plans, everything else that's given to them, healthcare for life, and their family, survivor benefits, everything else. that's not right. that's where the change has to take place. you can't change the rules in the middle of the game right now, guys, because you once you do that people will revolt. >> hold on, jonathan. jim, here's an economic question for you. what would it do to the economy if we don't bail out these public pensions, in particular when you do have states facing trillions of dollars in debt right now? >> well, the money's not there. so you either have to bail them out or not bail them out. if you don't, the states run out of money, it ends up in the court, and it's an absolute economic moras. the other thing i want to address here is the idea that wall street took all these reckless bets and made all these reckless proms and governments didn't it idiotic. a lot of pension funds you can work for 20 years and be fully vested for the next 40, 50 years of your life. it's just like greece. none of them make economic or mathema
Sep 30, 2012 2:00pm EDT
chief justice robert is likely to do this term based on his vote in the health-care case? is he now armor plated? what does it mean? >> i do not think it means very much. i am one of those folks who things may be he wrote the opinion he wrote because that is what he thought. it seemed to me the opinion and others will throw stuff at me that was plausible enough on its own terms. there is speculation that now that he has showed he is not a right wing nuts, he can go back to the right wing that most of the time. i doubt he thinks that way. >> any other thoughts to? ? >> we invite questions from those of you here. >> at the price of being a bit predictable, i'm wondering if anyone can comment on whether any of the cases he discussed would offer opportunities for governor romney or president obama to score political points. and what that argument might sound like on these issues. is there any chance that either of them will try to do something like this? >> i think it would be a reference back. because the economy takes all the oxygen out of the election with a little bit of foreign aff
Search Results 0 to 2 of about 3 (some duplicates have been removed)